Title: Regulation of Bitcoin Post by: altcoinanalyst1 on June 01, 2018, 03:26:56 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
Title: Re: Regulation of Bitcoin Post by: masterfocus on June 01, 2018, 03:32:04 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them.
This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. Title: Re: Regulation of Bitcoin Post by: Rossy Akbar on June 01, 2018, 03:39:40 PM I mean if bitcoin in each country has their own regulation it would be a lot of changes can happens, even the price also would change. And I think the government will get so much profit by the taxes also, because if they wanna make a regulation it must be with taxes.
Title: Re: Regulation of Bitcoin Post by: KingScorpio on June 01, 2018, 03:40:51 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? how the hell do you want to regulate bitcoin? the way to regulate bitcoin is basically to burn down or confiscate it, using the anger of the poor blaming bitcoin for it. with good reasons Title: Re: Regulation of Bitcoin Post by: BitcoinNewbie15 on June 01, 2018, 03:42:05 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Really the only thing governments can do is regulate exchanges that Bitcoin is traded on. They could never regulate it on the base layer. It likely would have a negative effect on price in the short term, but long term it would be bullish as BTC would be more legitimized as an asset. Title: Re: Regulation of Bitcoin Post by: chocopapaya on June 01, 2018, 03:47:16 PM It's a double edged sword.
On the good side, it will allow institutional money to start pouring in to crypto, boosting the market to incredible new heights and mainstreaming blockchain technology. On the bad side, there are so many ways that the regulations can minimize the true potential of decentralized systems. Personally, I do want regulations to come in. So many investment firms, vcs, and hedge funds are wanting to jump in but won't do so until there is some semblance of stability and control. My hope is that things will finally be laid out for securities and that more exchanges will become compliant to list securities. This will bring in a lot of money and open the doors to investments with real value. Also, isn't the scam situation getting ridiculous? So many icos, so many shitcoins, so much ability to screw people over. It's a welcome change to have order. Title: Re: Regulation of Bitcoin Post by: Macaronnie on June 01, 2018, 03:54:40 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. Of course the government want to control that funds. Just imagine — you're living in the country but sending a huge sums of money abroad. And receiving them. That's not damn normal. Also you isn't paying any taxes on that but spending an electricity and using some government-provided things like medicine or just owning the land/property of that country. Title: Re: Regulation of Bitcoin Post by: coin163 on June 01, 2018, 03:57:16 PM Government all want to regulation bitcoin and all other coin but cryptocurrency don't have border so they will never can control it.
that's why we love crypto Title: Re: Regulation of Bitcoin Post by: rickyNmorty on June 01, 2018, 04:22:17 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? It is very necessary and vital for a cryptocurrency to reach and have a hold to a large userbase. That's why a lit of cryptocyrrencies lately are aiming towards assuring that their coins would be used by a lot of people. And it is fine to ubdergo some measures if it means that it would gain something from it in the long run. That's why I think it is just fine for cryptpcurrency transactions to be regulated by the local government.Title: Re: Regulation of Bitcoin Post by: bittnick on June 01, 2018, 04:28:36 PM Regulation can pull the market out of the current stalemate. This will enable many people are not afraid to invest in cryptocurrencies.
Title: Re: Regulation of Bitcoin Post by: ranochigo on June 01, 2018, 04:28:59 PM If you mean regulation by a complete ban, it definitely wouldn't be beneficial to Bitcoin; the price would tumble by leaps and bounds depending on which country it is in.
Regulation is good for Bitcoin, in general. If they are willing to regulate (not ban) Bitcoin, then it simple goes to show that they recognise Bitcoin as a form of currency and transaction method. If anything, it shows the general public it is legitimate. From past experience, any sort of regulation has a positive impact towards the price of it. Title: Re: Regulation of Bitcoin Post by: demenBTC on June 01, 2018, 04:30:42 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? at the beginning of the formation of the state rules would be the price will drop, the stability will happen again after all resolved and even bitcoin can fly kebulan if all countries have legalized itTitle: Re: Regulation of Bitcoin Post by: dothebeats on June 01, 2018, 05:16:19 PM Personally I don't think regulations would harm bitcoin in the long run given that people also need to find some sort of legal assurance if in case they decided to dive in the world of cryptocurrencies. Short-term, bears would make a fuss out of it to make it look like regulations spelt the doom for cryptocurrencies when in fact, it will actually do more good than harm. Long term, you'll see developments in services since consumer protection would probably be in place, helping consumers out if in case a 'hack' takes place. Price-wise, this isn't much of a concern unless regulations placed are unfair and don't help the consumers in any way.
Title: Re: Regulation of Bitcoin Post by: MintDice on June 01, 2018, 07:57:01 PM Regulation doesn't equate to a complete undermining of the cryptoworld. For example, most consider Japan as a crypto-friendly nation and they also happen to be one with significant regulations on their exchange platforms. Overall, the gov't sees crypto as a beneficial for their interests, sure, but with certain regulations they are also able to protect their citizens from fraud. It CAN be a win-win situation if done right.
Title: Re: Regulation of Bitcoin Post by: Skieleton on June 01, 2018, 08:19:22 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? You can not regulate cryptocurrencies. The only option to create a token that will do this is suitable. BTC was first. This is the idea of cryptocurrency.Title: Re: Regulation of Bitcoin Post by: siagh357 on June 01, 2018, 08:24:29 PM Regulations of bitcoin by governments will boost people faith in bitcoin and drive more investors to it. This demand will help bitcoin price to increase. With this regulations, will enable the crime rate with bitcoin to reduce
Title: Re: Regulation of Bitcoin Post by: walemil on June 01, 2018, 08:47:54 PM I used to have great dislike for the attempt of government to regulate cryptocurrency. Now I am beginning to like the idea as it may do more good than harm. A huge sum of money is lost to scam on daily basis and with no trace. This is the kind of thing that is impossible in a well regulated system. Though government will be able to earn taxes but it is incomparable to what has been lost to scam
Title: Re: Regulation of Bitcoin Post by: eternalgloom on June 01, 2018, 08:53:33 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. I don't agree with this at all and you mentioning 'socialist states' doesn't make me want to believe you either. I think it's fairly logical that crypto should be somewhat regulated, regulations aren't always a bad thing. Especially when you see how successful it could be to get some form of regulations for cryptocurrency. Take Japan as an example, crypto is booming there since they've issued clear regulations for crypto. Regulations shouldn't be draconian, but should provide us with clear guidelines on how crypto is taxed and possibly add rules for tax exemption in some cases (for long term investments for example). I have no problem paying taxes, there are enough public expenses that I'll gladly pay for. Sources: http://www.atimes.com/article/survey-shows-japans-crypto-sector-continues-boom/ http://bitcoinist.com/bitcoin-boom-japan-97-billion-one-month/ Title: Re: Regulation of Bitcoin Post by: Syunusa on June 01, 2018, 09:22:25 PM It will be nice if government can regulate bitcoin as it will solve the issue of money laundering and it will bring cooperation between bitcoin and govenment
Title: Re: Regulation of Bitcoin Post by: Washball on June 01, 2018, 09:50:18 PM Since bitcoin was created as a decentralized cryptocurrency, meaning authorities should not be involved, there should be no need for regulations. However, authorities want to keep control and take their share by tax. To protect the consumer that is...
On the other hand, with so many scams, perhaps it's bettee to have regulations. Since we do not self regulate. Title: Re: Regulation of Bitcoin Post by: Cofee.BLUE on June 01, 2018, 09:58:45 PM I mean if bitcoin in each country has their own regulation it would be a lot of changes can happens, even the price also would change. And I think the government will get so much profit by the taxes also, because if they wanna make a regulation it must be with taxes. I believe that f government do some actions regards to bitcoin regulations, for sure that will be the assurance that it will comes with the taxes issue because this is the government wanted to do in cryptosystem, to put some taxes to the people which is actually means that if it's happened our financially freedom that we have in here are definitely disappear because our earning profit are now controlled by the government so it has a big effects to us.Title: Re: Regulation of Bitcoin Post by: r32godzilla on June 01, 2018, 10:30:42 PM Yes.Without regulation,no government would be ready to allow bitcoin in to their country as it would be otherwise just like a suicide.But we need not worry about such regulation since we could see Japan as a setting example of successfully contributing to bitcoin by regulation.Regulation might affect the price temporarily but in long term,it would only help increase bitcoin price.
Title: Re: Regulation of Bitcoin Post by: Superways on June 01, 2018, 10:35:30 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Now no more regulations will be done by the governments to harm bitcoin. After the G20 summit they will prepare a list for the rules which will used by the country for bitcoin who want to work with bitcoin and that rules will not be against bitcoin but they will be implemented in a way that the crypto start working in a country in a better way so that not even the users of bitcoin face any hard time.Title: Re: Regulation of Bitcoin Post by: Moblie_Legend on June 01, 2018, 10:49:04 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? indeed regulation can affect the price because maybe its development is regulated and limited but if I feel safe and profitable for the investors it might also be betterTitle: Re: Regulation of Bitcoin Post by: bocyaj on June 01, 2018, 10:56:56 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulation of bitcoin is very good one.At first,if bitcoin is regulated .You can show it as a source of income and pay for the tax.Once it regulated.Many money holding people will inverse in bitcoin.When the demand of certain product is increased.It directly increase the price of that product. Title: Re: Regulation of Bitcoin Post by: Rubick99 on June 01, 2018, 11:17:51 PM I don't think about regulation in every country, at least they will be accepted cryptocurrencies in their country. If I hear news about banning bitcoin in a country, I will not be thinking a lot. I believe cryptocurrencies will be accepted in world wide. But, I don't know it will be.
Title: Re: Regulation of Bitcoin Post by: Al-e_x on June 01, 2018, 11:20:56 PM the government can not regulate and control blockchain system and crypto volatility, but government regulation can help to stabilize the market and also make preventive measures when crypto is used to commit criminal acts.
Title: Re: Regulation of Bitcoin Post by: masterfocus on June 01, 2018, 11:42:21 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. Of course the government want to control that funds. Just imagine — you're living in the country but sending a huge sums of money abroad. And receiving them. That's not damn normal. Also you isn't paying any taxes on that but spending an electricity and using some government-provided things like medicine or just owning the land/property of that country. Title: Re: Regulation of Bitcoin Post by: masterfocus on June 01, 2018, 11:48:13 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. I don't agree with this at all and you mentioning 'socialist states' doesn't make me want to believe you either. I think it's fairly logical that crypto should be somewhat regulated, regulations aren't always a bad thing. Especially when you see how successful it could be to get some form of regulations for cryptocurrency. Take Japan as an example, crypto is booming there since they've issued clear regulations for crypto. Regulations shouldn't be draconian, but should provide us with clear guidelines on how crypto is taxed and possibly add rules for tax exemption in some cases (for long term investments for example). I have no problem paying taxes, there are enough public expenses that I'll gladly pay for. Sources: http://www.atimes.com/article/survey-shows-japans-crypto-sector-continues-boom/ http://bitcoinist.com/bitcoin-boom-japan-97-billion-one-month/ Regulations is the kind of law where the state control the regulated thing through a lot of limitations and fees. Moral laws only make some rules so people can do that thing better. Regulations stop the free market capitalism, harming it and taking out the individuals freedom. Moral laws protect the individuals and moralize the capitalism. For example, regulations at Brazil restrict telephonic companies with a couple of rules which they need to follow so they can start to sell. These rules are arbitrarian and only benefits big companies, letting small companies die, because they can't compete. If the laws were only moral, the rules would be minimal to protect the CONSUMER and the fair competition. not the big companies. Yes, socialists states like to use regulations to control everything. They are doing this at many countries, including here in Brazil. Don't underestimate them. Title: Re: Regulation of Bitcoin Post by: GaryCynthia on June 02, 2018, 08:38:46 PM may governments want's to regulate it, but it is the beauty of cryptocurrency that it's not regulated and free at the same time. regulation will harm it i guess.
Title: Re: Regulation of Bitcoin Post by: mlsbd on June 02, 2018, 08:42:36 PM To justify taking away your choices because of what you 'might' do in the future/pre crimes.Even taking street drugs is only statute violation it is not UNLAWFUL as there is no injured party.
Title: Re: Regulation of Bitcoin Post by: Nelly.G0211 on June 02, 2018, 08:57:07 PM i think regulations like everything has its advantages and disadvantages. If we talk about advantages, regulations will provide safety for fair investors. ICO will be more responsible and hopefully we'll see much less scam ICOs than we do now. Although the worst disadvantage of regulations is that crypto world will be controlled by "Big Brother", the freedom of this new crypto world will definitely become limited.
Title: Re: Regulation of Bitcoin Post by: LadyCoin on June 02, 2018, 09:16:55 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? The attention of governments and financial regulators around the world to try to regulate Bitcoin and other cryptocurrencies greatly affects bitcoin prices. Because the tightening of rules usually makes investors rush to sell coins owned, thus creating price instability and wild changes in the market. Drastic policy changes can have a major impact on the direction of short-term price movements. While in the long run, the impact may be different from the short-term effect rhythm.Title: Re: Regulation of Bitcoin Post by: isaac_67 on June 02, 2018, 09:38:41 PM Nowadays many countries are accepting btc based on this they may apply some rules and regulations which may affect on price because if they accept the price of btc will increase because many people can use this also govt. can charge tax so that they will earn money also befits & their economy will improve too.
Title: Re: Regulation of Bitcoin Post by: rodel caling on June 02, 2018, 09:49:18 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Always i answer every time asking mine about regulation for the crypto currency i'm not favor on that idea but if regulation are the solution for the cryptocurrency become stable and legal at all countries worldwide. Title: Re: Regulation of Bitcoin Post by: bitvalak on June 02, 2018, 10:24:49 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? as long as there is blockchain, I think it would be useless to give regulation to bitcoin. Because basically all the databases are in the blockchain ledger.Slightly a lot of regulation will also affect the price changes, moreover until now no bitcoin balance price has been found because price fluctuations are still very sharp. There is still a possibility for the price to go up or down. Title: Re: Regulation of Bitcoin Post by: ladydark on June 02, 2018, 11:19:25 PM Regulation would be the only way which would lead to mass adoption and we have already seen this in Japan.I would say that regulation is far better than completely banning bitcoin.Regulation would make even the traditional investors to invest in bitcoin.
Title: Re: Regulation of Bitcoin Post by: cah ndablek on June 03, 2018, 02:23:25 AM The rule in my opinion is a new policy that must be made by governments for that communities to comply so when the government does not formalize the existence of bitcoin automatically people do not dare use digital currency as payment process in that country.
Title: Re: Regulation of Bitcoin Post by: dragoz11 on June 03, 2018, 02:28:57 AM if the governmetns issue some regulations about btc than the price will become more stable in my opinion and people would have much more confidence in market as it will be officially regulated.
Title: Re: Regulation of Bitcoin Post by: jobel on June 03, 2018, 03:09:59 AM according to this statement the bitcoin are already registered at sec?
After months of rumors that US financial regulators might come for cryptocurrencies, the Security and Exchange Commission (SEC) has issued dozens of subpoenas (paywall) and information requests to companies involved in crypto markets. In a statement today (March 7), the SEC argued that digital assets, like coins and tokens offered and sold in initial coin offerings (ICOs), fall within the definition of a “security” under US security laws. Title: Re: Regulation of Bitcoin Post by: pejuang_mamak on June 03, 2018, 04:12:38 AM we know for ourselves that bitcoin can not be regulated by the government because bitcoin is individual and government can only monitor the development of bitcoin itself and according to bitcoin regulation should be legarized because it will also provide benefits
Title: Re: Regulation of Bitcoin Post by: komisan on June 03, 2018, 04:34:44 AM Numerous countries have launched major crackdowns. And many more might be coming. Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation.
The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets. But they’re also part of their bad reputation, with the same anonymity and decentralisation allowing them to be used for crime. Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive. Title: Re: Regulation of Bitcoin Post by: setialovers on June 03, 2018, 04:38:05 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I think regulation needed for bitcoin trade. With regulation, many investor will more believe on bitcoin as investment. Beside that, with regulation investor in cryptocurrency more protected and feel safe with their investment Title: Re: Regulation of Bitcoin Post by: acord00 on June 03, 2018, 04:52:54 AM I also agree more if bitcoin is regulated by an authorized institution. I prefer bitcoin to be made system centralized and not anonymous. This is to minimize bitcoin used as a crime. If the bitcoin is not set then I pity the bitcoin users who are beginners or bitcoin users with little capital because they can be the target of big bitcoin investors to be panicked so they do "panic sell" or "panic buy". When in fact, it's part of their strategy to do market manipulation.
Title: Re: Regulation of Bitcoin Post by: gunungkembar on June 03, 2018, 05:04:53 AM the existence of regulation for bitcoin seems to make bitcoin very good and safe to use because it already has regulation and bitcoin will be very expensive from the existence of it.
Title: Re: Regulation of Bitcoin Post by: samarabtc on June 03, 2018, 01:48:09 PM Many govt. are concern about crypto currency where as usa, Russia also gives this facilities to use so they think its should be regulated because based on this many crimes are happening and if they expose taxes in here then the users have to pay lots of money based on this investors may decrease.
Title: Re: Regulation of Bitcoin Post by: maminelly on June 03, 2018, 02:13:55 PM if bitcoin in each country has their own regulation it would be a lot of changes can happens, even the price also would change. And I think the government will get so much profit by the taxes also, because if they wanna make a regulation it must be with taxes....
Title: Re: Regulation of Bitcoin Post by: MaryKiTy22 on June 03, 2018, 02:20:35 PM I mean if bitcoin in each country has their own regulation it would be a lot of changes can happens, even the price also would change. And I think the government will get so much profit by the taxes also, because if they wanna make a regulation it must be with taxes. I have not heard the Regulation of Bitcoin if you have heard and you have been told you can tell them to me, please explain to me what rules are needed for btc to developTitle: Re: Regulation of Bitcoin Post by: batang_bitcoin on June 03, 2018, 02:20:47 PM Many governments are concern about cryptocurrency and they think it should to be regulated. They are concern not because they are trying to protect their citizens but they are concern to chase those citizens that are making that much money with crypto so the solution would be regulation and taxation.What do you think regulation and how is it going to effect the price ? There are people who are saying that regulations are good but crypto's aren't meant for that but most see that it can be a good boost for the market.Title: Re: Regulation of Bitcoin Post by: cryptomonotize on June 03, 2018, 02:26:36 PM If govt can pull off this then there will be both negative and positive side for bitcoin. Negative is that govt will then impose taxes over the use and transaction of crypocurrency, positive is that it will be no longer illegal and more people will invest.
Title: Re: Regulation of Bitcoin Post by: funchiestz on June 03, 2018, 02:28:39 PM There are also points that governments are right in this regard. For this reason, if a monitoring environment is created without a control mechanism, the viewpoint of the state can be positive.
Title: Re: Regulation of Bitcoin Post by: Ronni on June 03, 2018, 02:49:36 PM Government will interfere with bitcoin regulations as it is designed to favor their side. They are going to put tax and thats a downside for us who earn in bitcoin although its nice because it is such a help for the country but when you look at it deeper, money on tax are actually just going to those corrupt politicians' pocket which is not great. Really.
Title: Re: Regulation of Bitcoin Post by: wtbhitlv on June 03, 2018, 02:53:38 PM The price of bitcoin is likely to fall sharply at the time of the regulation, but bitcoin will come back after proper regulation, like last year's Chinese regulation, which broke through 20K at the end of the year.
Title: Re: Regulation of Bitcoin Post by: Ridwan Fauzi on June 03, 2018, 02:56:58 PM Any regulation of the state will always have an effect on bitcoin price changes, be it a regulation that receives bitcoin and regulases that banning bitcoin. But this time, many countries are still reluctant to accept bitcoin and can be used as a legitimate payment system within a country. I will always hope that countries that have not received bitcoin and quickly provide regulation against the use of bitcoin. Of course, if some countries that open and regulate bitcoin will contribute positively to market changes.
Title: Re: Regulation of Bitcoin Post by: Kprawn on June 03, 2018, 04:10:35 PM There are many different levels of regulation before we get to a 100% ban of the technology. In many countries governments
have just started with limited regulation and also the defining of the technology. In some States in the USA, they over regulated the technology. { A good example would be the BitLicence in New York } Governments should only take a oversight role in the regulation, to make sure that consumers are protected and not exploited by the technology. Some governments wants to control the technology and then we get regulations like the BitLicence in New York. Title: Re: Regulation of Bitcoin Post by: oni4an on June 03, 2018, 04:13:53 PM At the initial stage, many governments do not know how to properly regulate the crypto, so many want to ban and restrict their distribution, but it is not the right step, who will not keep up with the technology, the latter would lose a lot.
Title: Re: Regulation of Bitcoin Post by: Liternyy on June 03, 2018, 04:14:33 PM Australia seeks to provide an enabling environment for the development of technology
companies and the creation of their own finteh centers. The state demonstrates the to become one of the most progressive jurisdictions. Government of Australia Does not exclude the possibility of using Blockchain technology in different spheres State administration (for example, in the management of land transport). WHO- The possibility of applying Blockchain is also considered by the Australian Post. Non-state projects related to digital money- and decentralized technologies. Title: Re: Regulation of Bitcoin Post by: Liternyy on June 03, 2018, 04:15:05 PM The UK is a leader in crypto-currency integration and one of the most favorable
and convenient jurisdictions for conducting a crypto-currency business. Moreover, the state It supports the startups associated with the digital currency. Title: Re: Regulation of Bitcoin Post by: Liternyy on June 03, 2018, 04:15:45 PM The European Union is the unification of 28 countries, each of which
level there are certain features in the legal regulation of both traditional, and the crypto-currency business. At the same time, the member states of the European Union traditionally considered favorable for its conduct. Title: Re: Regulation of Bitcoin Post by: voltagecrypto98 on June 03, 2018, 04:17:30 PM I think that bitcion might loose its feature if a set of regulation imposed over it by govt. Blockchain technology will perform properly then. But yes some regulation could be set to stop the illegal task with bitcoin.
Title: Re: Regulation of Bitcoin Post by: yoseph on June 03, 2018, 04:47:59 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? With the proposition of the governments, we are going to do away with the anonymity that we enjoy on the exchanges where we do most of our trading and they are going to tax the people accordingly. This regulations is all about getting money for the governments.Title: Re: Regulation of Bitcoin Post by: jerrison on June 03, 2018, 04:51:01 PM bitcoin was not designed for any form of interference from the governmental agencies or even by financial backed law system but for it to stand alone and function on its own, the idea of regulation cannot be considered as it can not be influenced by anybody. thanks
Title: Re: Regulation of Bitcoin Post by: K.Tumpa on June 03, 2018, 05:51:15 PM I think so bitcoin can't regulate for crypto currency. It's the coin market of 1st crypto currency. Bitcoin earning many people. Many people knolage bitcoin.Thay are Part time income source bitcoin.They are student developing there life.So I there for Bitcoin can't regulation form the country.
Title: Re: Regulation of Bitcoin Post by: Sam San on June 03, 2018, 06:27:15 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? With the proposition of the governments, we are going to do away with the anonymity that we enjoy on the exchanges where we do most of our trading and they are going to tax the people accordingly. This regulations is all about getting money for the governments.Title: Re: Regulation of Bitcoin Post by: thepers0n on June 03, 2018, 06:38:49 PM Many countries restrict using of BTC because of banking systems. I think Btc will lose its unique meaning if it is controlled so developers should save it
Title: Re: Regulation of Bitcoin Post by: cryptodalton on June 03, 2018, 07:22:56 PM If government's regulations are included then, what's the difference between bitcoin and fiat currency ?
Title: Re: Regulation of Bitcoin Post by: ayubadairo on June 03, 2018, 07:34:50 PM Despite regulators’ best intentions, cryptocurrencies’ values remain heavily tied to speculation and optimism. For this reason, drastic policy changes can have an outsized impact on short-term direction, as several prominent examples revealed over the past year.
Title: Re: Regulation of Bitcoin Post by: bungsoh on June 03, 2018, 07:38:40 PM If Bitcoin is meant to be officially regulated by government regulations, I think it's difficult (like gripping smoke).
I think that can be regulated is the exchange of bitcoin or another crypto. this is true in some countries. such as examples of KYC implementation for its users. Title: Re: Regulation of Bitcoin Post by: Phlaser on June 03, 2018, 08:07:48 PM Government is just seeking ways to control the Cryproworld solely to their advantage. Time will tell what the regulations actually got to offer. The market will always be what it's meant to be, a decentralized platform.
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Title: Re: Regulation of Bitcoin Post by: 0t3p0t on June 03, 2018, 08:11:28 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I think governments can only regulate local and international cryptocurrency exchanges not cryptocurrency system as some of them are based on blockchain technology which is decentralized and from that it can never be controlled. I think governments must regulate ICO's rather than Bitcoin itself. Well, regulations of echanges and restrictions that may disturb the investors or enthusiasts privacy would really affect it's price and market.Title: Re: Regulation of Bitcoin Post by: creeps on June 03, 2018, 08:32:01 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulations will be fine for me since this mean that using cryptocurrency will be legal now to use in many countries. I think if cryptocurrency is highly regulated more investors will come since they are now confident about cryptocurrency and the price of good coins may continue to pump now.Title: Re: Regulation of Bitcoin Post by: gbale on June 03, 2018, 09:12:22 PM in fact the government just needs to arrange it and take taxes from it without having to ban it. and any rules that come out will certainly affect the bitcoin price,
Title: Re: Regulation of Bitcoin Post by: greenvally on June 04, 2018, 08:26:28 AM Government cannot have full control over crypto currency. What they can do is imposing tax on it. This will also be a seal of legality and it'll inspire a lot of investors to invest in this field.
Title: Re: Regulation of Bitcoin Post by: Johnny_ric0 on June 04, 2018, 08:44:01 AM In my opinion certain form of regulation can affect Bitcoin and other cryptocurrencies in a possitive way - states could just set the framework for these technologies, clear things according to taxes related to cryptocurrency world and force law, when neccesary to avoid scams. The total opposite is when state wants to ban all transactions with cryptocurrencies, although in my opinion there is zero chance, that every country in the world would have done this, because there are tons of money in this business and they want to get their share.
Title: Re: Regulation of Bitcoin Post by: yousuf123 on June 04, 2018, 08:49:34 AM Personally I don't think regulations would harm bitcoin in the long run given that people also need to find some sort of legal assurance if in case they decided to dive in the world of cryptocurrencies. Short-term, bears would make a fuss out of it to make it look like regulations spelt the doom for cryptocurrencies when in fact, it will actually do more good than harm.... To protect the consumer that is...
On the other hand, with so many scams, perhaps it's bettee to have regulations. Since we do not self regulate. Title: Re: Regulation of Bitcoin Post by: cotton ball on June 04, 2018, 09:20:07 AM Personally I don't think regulations would harm bitcoin in the long run given that people also need to find some sort of legal assurance if in case they decided to dive in the world of cryptocurrencies. Short-term, bears would make a fuss out of it to make it look like regulations spelt the doom for cryptocurrencies when in fact, it will actually do more good than harm.... To protect the consumer that is... On the other hand, with so many scams, perhaps it's bettee to have regulations. Since we do not self regulate. there will be a profit-reduction effect, different things will happen if the regulation has been made, we will not easily get 1 bitcoin for free because it will be deducted by the tax. But you are right if that regulation will be the answer to consumer protection about any investment that takes place. I just hope the regulation will make all the positive activity in crypto become legal and there is no longer any restriction that can destroy the current price fluctuation structure as a result of government intervention. Title: Re: Regulation of Bitcoin Post by: mktpromp on June 04, 2018, 02:19:14 PM Cryptocurrency can never be regulated. It is a decentralized network and all the transaction occurring here are anonymous. If government puts regulations here, then there might appear many changes in the market.
Title: Re: Regulation of Bitcoin Post by: Dudeperfect on June 04, 2018, 05:47:10 PM Well, Bitcoin is not something like any other innovation out there. It is based on the blockchain technology which relies on the principle of the decentralization. That means, the users are willing to control their own funds and they are willing to take the responsibility for it. There is no practical reason or the way to regulate Bitcoin. However, governments can always regulate the exchanges and pressurize them to share the user's data.
Title: Re: Regulation of Bitcoin Post by: primarydumz on June 04, 2018, 09:05:57 PM I think regulation of bitcoin is good, its an opportunity, there are investors who only invest in pre-regulated financial company, it attract them to invest. But it should be regulated in a good way, where everyone can benefit from it.
Title: Re: Regulation of Bitcoin Post by: Kavee on June 04, 2018, 09:27:43 PM With the growth of demand for cryptocurrencies, global regulators are divided on how to keep up. Most digital currencies are not regulated by any central government, hence each country has different standards.
Each seemingly small announcement on regulation has driven the price of bitcoin and other cryptocurrencies in this year. The legal tender on the point of view of bitcoin depends on the particular country. On its exchange policy, there is no global regulator exists at the moment. Title: Re: Regulation of Bitcoin Post by: Ahmadarwani56 on June 04, 2018, 09:51:46 PM the government wants to set about bitcoin in the transaction.because we know the exchange of money in the country more burst,because the existence of bitcoin .
Title: Re: Regulation of Bitcoin Post by: Rj Manik on June 04, 2018, 09:57:53 PM Every government wants his country's resources to be in the country. But the government can not interfere with the Bitcoin transaction. For this reason, the government thinks that the country's money can be trafficked abroad through Bitcoin. So the government always wants to control Bitcoin. I think it is possible to control Bitcoin through blockchain technology and highly advanced technology.
Title: Re: Regulation of Bitcoin Post by: hurry_hore on June 04, 2018, 10:19:56 PM I just concern for scam activities in crypto space which can reach 20% of all amount fund raised, this figure is really big IMO. Now, the scammed people will not go anywhere to seek their justice or their right. From this concern, it is necessary to establish independent body to supervise and assure the victim to get their rights. Perhaps this role can be performed by government.
Title: Re: Regulation of Bitcoin Post by: samycoin on June 04, 2018, 10:26:30 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? They want to regulate the cryptocurrencies because they want to manipulate about everything in crypto like they do in the economy of a country. If that happen there's a possibility that crypto will be corrupted by the government. Title: Re: Regulation of Bitcoin Post by: ladydark on June 04, 2018, 11:56:15 PM Unless they regulate,no government will be ready to allow bitcoin and take risks.
Also we need not feel much about regulation as only after regulation,bitcoin adoption got more in Japan. Title: Re: Regulation of Bitcoin Post by: goldenmistletoes on June 05, 2018, 12:36:39 AM I think regulating bitcoin and other crypto will minimize the possibility of using it in illegal activities. The negative side of it is that it will affect its value drastically. It might decrease its value.
Title: Re: Regulation of Bitcoin Post by: nursarjani on June 05, 2018, 01:09:31 AM I think the government will find it difficult to make rules against bitcoin and other cryptocurency because the government can not fully control all bitcoin transactions, which can be set up only by trade and exchange with bitcoin in every market in the country itself.
Title: Re: Regulation of Bitcoin Post by: sakahayang on June 05, 2018, 01:14:57 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? how the hell do you want to regulate bitcoin? the way to regulate bitcoin is basically to burn down or confiscate it, using the anger of the poor blaming bitcoin for it. with good reasons maybe that's my opinion about regulate bitcoin Title: Re: Regulation of Bitcoin Post by: THATBTC on June 05, 2018, 01:17:34 AM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. Yep, that's totally right. they just want to keep the control of our money Title: Re: Regulation of Bitcoin Post by: gaurav82 on June 05, 2018, 02:44:47 AM It will good news if some government regulate crypto currency. Then price will boom. I think in India I have to wait for regulations.
Title: Re: Regulation of Bitcoin Post by: BlackPanda on June 05, 2018, 02:49:11 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulation becomes very, very important in the digital financial system as experienced by Bitcoin. With a regulation then Bitcoin will be much more controllable and I am sure that when there is regulation then the price movement of digital currency will not be too fast. Bitcoin's current price is rapidly changing and that's what makes Bitcoin greatly feared by the government. Regulation becomes an answer to events like this and it will make everyone so much more comfortable using digital currencies.Title: Re: Regulation of Bitcoin Post by: dupee419 on June 05, 2018, 02:54:27 AM It greatly depends on the government, if the government knows greatly how to make regulations in that country then I think the price will be booming, though if a government is greatly corrupt then I think regulation is just pure nonsense.
Title: Re: Regulation of Bitcoin Post by: abhi777 on June 05, 2018, 03:11:29 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? of course with the regulation for the exact price there are limits and rules and it certainly affects the price, but the regulation does not matter if it can make safe and comfortable in our investing laterTitle: Re: Regulation of Bitcoin Post by: ipanks on June 05, 2018, 11:34:02 AM I think regulations of bitcoin will manage how bitcoin will spread among the people so they don't have to worry about bitcoin itself. besides that, this will makes bitcoin as a new feature of digital currency and bitcoin can grow more than before because the government finally supports bitcoin too. maybe after the regulations are implemented, this will be a way to prevent bitcoin for illegal activity because if we break the regulations, we can get jail or punishment from the law.
Title: Re: Regulation of Bitcoin Post by: taxli on June 05, 2018, 12:36:12 PM regulation of crypto by governments is mystique, the result will be speculation in the market inside every country, very bad idea
Title: Re: Regulation of Bitcoin Post by: harrypot on June 05, 2018, 01:44:29 PM I think bitcoin is beyond regulation.Because firstly this is decentralized and digital and ints price is inconsistent which is very natural. What is to be controlled here?
Title: Re: Regulation of Bitcoin Post by: jemarie20 on June 05, 2018, 02:11:06 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? For me, regulation does not effect the price of bitcoin directly but the income of use, because I think there is a possibility that bitcoin transactions fees will be increase, so our income will be lessen by those things, but yes regulating of bitcoin in the world is good things, because the term regulation, bitcoin is allowed to use anywhere as one kind one money that is accepted in around the world as means of payment. Title: Re: Regulation of Bitcoin Post by: coin_maker on June 05, 2018, 02:19:12 PM If all countries are accepted bitcoin then bitoin maintain those countries rules and regulation. Government will charge bitcoin tax because they always want to get money from bitcoin.
Title: Re: Regulation of Bitcoin Post by: Arlibtchunt2018 on June 05, 2018, 02:24:08 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Well, I think I would look regulation of cryptocurrency in a positive way. It could brought a huge increase of price specially if all the government would accept crypto since it could be regulated. The population will surely spike as well as the demand. Title: Re: Regulation of Bitcoin Post by: maximilian4aue on June 05, 2018, 02:24:47 PM I think there will be regulations but it won't affect btc price
Title: Re: Regulation of Bitcoin Post by: NelfiNovita on June 05, 2018, 02:59:58 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I do not believe that the government is concerned about cryprocurrency and they think it should be regulated, it's a strategy for them to get a share of it, so far they do not approve of bitcoin and crypto because it is out of reach of taxes and if their crypto is dealt with then they take advantage of the situation this. Title: Re: Regulation of Bitcoin Post by: Rosscy on June 05, 2018, 03:12:53 PM Bank Indonesia (BI) states that the regulation concerning the ban of bitcoin will be limited to cover all forms of transactions using bitcoin as a means of payment.
In this regulation, BI again confirms the non-recognition of bitcoin as a legitimate payment instrument in Indonesia. There will be closing-door points for all activities that facilitate payments with bitcoins and so on. Title: Re: Regulation of Bitcoin Post by: dutchkay on June 05, 2018, 07:55:56 PM I don't think bit needs regulations but there are parts of cryptocurrency that need serious regulations. ICO needs to be regulated if not it will kill the crypto community. Most ICOs are scams and coming ones are just doing it because of the free money. You will see companies that have existed long ago announcing ICO. They just mop up free cash and won't list on better exchange and still dump on investors I pity those falling for their gimmicks. Besides ICO is contributing to the less growth of crypto market cap money needs to be invested in already existing coins not chasing a new project without prototype and bunch of whitepaper written by school boys.
Title: Re: Regulation of Bitcoin Post by: tikanima on June 06, 2018, 06:08:48 AM This will allow many people not afraid to invest in electronic money.
Blockchain technology will perform properly afterwards. But there are some rules that can be set to prevent illegal tasks with bitcoin. Title: Re: Regulation of Bitcoin Post by: cabitu on June 06, 2018, 06:17:36 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Really the only thing governments can do is regulate exchanges that Bitcoin is traded on. They could never regulate it on the base layer. It likely would have a negative effect on price in the short term, but long term it would be bullish as BTC would be more legitimized as an asset. Relating to btc operation. Exchange rule transaction fee, taxes on btc transactions, etc.should be regulated to ensure btc operates fluently and gives better services to customers or people. Title: Re: Regulation of Bitcoin Post by: Getmon on June 06, 2018, 06:27:51 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? They are concerned about cryptocurrency because it works fully well away from any single connection with them. The governments do not see this as a good way for the world to develop. That is why they are looking for ways to get into the game. And they think of releasing certain regulations to force cryptocurrency to somehow pay attention to them. This is not going to affect the price if it does not go as far as declaring crypto and all related activities illegal. Title: Re: Regulation of Bitcoin Post by: whirlcoin on June 06, 2018, 06:42:45 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I do not believe that the government is concerned about cryprocurrency and they think it should be regulated, it's a strategy for them to get a share of it, so far they do not approve of bitcoin and crypto because it is out of reach of taxes and if their crypto is dealt with then they take advantage of the situation this. Title: Re: Regulation of Bitcoin Post by: CGPA on June 06, 2018, 06:43:44 AM In national currency, Regulation is bullshit!! It's fully depended on control your money. If bitcoin has their own regulation in each country, It would be a lot of change can happen.
Title: Re: Regulation of Bitcoin Post by: indog on June 06, 2018, 06:52:00 AM Regulatory statement about crypto ban or not, very sensitive to the market, affect the price according to published rules. If the regulation of crypto is a ban can reduce the level of confidence, the circumstances are very difficult to pass and the market price is difficult to predict, otherwise if the positive regulation of crypto trust rate is high
Title: Re: Regulation of Bitcoin Post by: Desscount on June 06, 2018, 07:05:12 AM I am not sure about this. but if in every country that legalize bitcoin makes the regulation to prevent on scam and ico projects that do not have quality, I strongly agree. as this would make a good reputation for the crypto industry. Title: Re: Regulation of Bitcoin Post by: jamesmitchel018 on June 07, 2018, 04:13:18 AM Yes the only thing governments can do is regulate exchanges that Bitcoin is traded on. Regulation it differs country to country, depends on governments how they set the price. BTC
Title: Re: Regulation of Bitcoin Post by: appleyard on June 07, 2018, 04:22:50 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulation in many country has a huge impact to bitcoin price for example if some country with a large bitcoin community banned bitcoin it will have a negative effect to the price of bitcoin, recent news that argentina use bitcoin as payment transfer internationaly this will have an effect to the price but not much because of th small papulation of bitcoin user in that country. Title: Re: Regulation of Bitcoin Post by: markleal on June 07, 2018, 04:48:48 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price? Hi there altcoinanalyst1! I think almost all government or administrator in each country already knew the cryptocurrencies. The could be skeptical of this technological change in the financial system but I think they are not closing their doors to discuss it. There could even be a group of people that have been tasked to research the benefit and the disadvantages of it if implemented or adopted by their country. At first, the government will have an unconsiderable policy about cryptocurrencies, but after that, the system could go smoothly. Title: Re: Regulation of Bitcoin Post by: Juggy777 on June 07, 2018, 05:11:04 AM I'll agree the regulations are confusing and scary, recently I was doing a deal with a Poland seller, to save on my fiat I decided to pay him in btc, when we reached final conclusion he send me a invoice for Btc and I told him I don't want him to record it, as it's btc. He then made me aware Poland people need to record it, which was sad I had to pull the plug on the deal but ya regulations are scary and can have retrospective effect.
Title: Re: Regulation of Bitcoin Post by: jshealth on June 07, 2018, 05:26:01 AM The regulation of bitcoins will be attempted by the government as they do not want loosening of their grip over money. The basic excuse will be taxation, money laundering etc
Title: Re: Regulation of Bitcoin Post by: Powerpuff on June 07, 2018, 05:39:08 AM Despite regulators’ best intentions, cryptocurrencies’ values remain heavily tied to speculation and optimism. For this reason, drastic policy changes can have an outsized impact on short-term direction, as several prominent examples revealed over the past year.
The original boom in cryptocurrencies occurred in an unregulated environment. Even as news outlets and investors paid closer attention to the market, regulators and international actors remained largely distant from the action, and prices continued to soar unabated. Title: Re: Regulation of Bitcoin Post by: novsali on June 07, 2018, 05:39:31 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulation will come with both benefits and demerits so we have to weigh both before deciding on it. In my opinion, the huge success of bitcoins is because of the fact that there is no regulation. Title: Re: Regulation of Bitcoin Post by: angchosenone on June 07, 2018, 06:51:08 AM It is exceptionally important and indispensable for a digital money to reach and have a hold to an expansive userbase. That is the reason a lit of cryptocyrrencies recently are pointing towards guaranteeing that their coins would be utilized by many individuals. What's more, it is fine to ubdergo a few measures in the event that it implies that it would pick up something from it over the long haul. That is the reason I think it is okay for cryptpcurrency exchanges to be controlled by the neighborhood government.
Title: Re: Regulation of Bitcoin Post by: PM.coins on June 07, 2018, 06:52:50 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I think regulation is needed to support bitcoin grows better,legally and acceptable. Under this regulation, price of btc might be more stable and illegal use cab be avoided or at leat can be minimized, like buying drugs,weapons, terrorist funding, etc. So, we call for regulation issued by the government to support or promote bitcoin growing and globally accepted.Title: Re: Regulation of Bitcoin Post by: basyang on June 07, 2018, 07:02:57 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? In point of view, if the governments create a regulation in cryptocurrency for sure their are lots of change in it, because many countries would make a regulation regarding to bitcoin and how it will transact. Well, for me is it bad at all because before the government legalize bitcoin they will study about it and they will make a law or regulation to the people to follow it. Of course, it means government will control bitcoin and we can not do anything about it. And as far as I concern the government did not make any regulation for the sake of us. We need it to get this thing well. Title: Re: Regulation of Bitcoin Post by: letzdodiz on June 07, 2018, 07:07:00 AM By and by I don't figure directions would hurt bitcoin over the long haul given that individuals additionally need to discover a type of legitimate affirmation if on the off chance that they chose to make a plunge the universe of cryptographic forms of money. Here and now, bears would make an object out of it to influence it to look like directions spelt the fate for cryptographic forms of money when truth be told, it will really accomplish more great than hurt. Long haul, you'll see advancements in administrations since customer insurance would most likely be set up, bailing shoppers out if in the event that a 'hack' happens. Value shrewd, this isn't a lot of a worry unless directions put are unjustifiable and don't help the purchasers in any capacity.
Title: Re: Regulation of Bitcoin Post by: Lorna111 on June 07, 2018, 07:13:29 AM Since bitcoin was created as a decentralized cryptocurrency, meaning authorities should not be involved, there should be no need for regulations. However, authorities want to keep control and take their share by tax. To protect the consumer that is... On the other hand, with so many scams, perhaps it's bettee to have regulations. Since we do not self regulate. The issue on Regulation on Bitcoin is never ending concern by the business community, financial institution of the government with resistance on the Digital Crypto currency trading, the entry of Bitcoin or crypto currency in the market change the outlook of financial market trading. Yes, it does affect the price value of Bitcoin, we had seen the ups and down of Bitcoin in the market preview. The good news is, there are some financial institution a bit liberal on Bitcoin as digital currency, with the growing numbers of investors coming in which indicate that Bitcoin is acceptable in the market. Title: Re: Regulation of Bitcoin Post by: maxman190 on June 07, 2018, 07:22:54 AM While authorities in most countries are only warning about the risks of investing in Bitcoin, and Canada and New York are only considering new regulatory measures, Russia's first developed country completely banned bitcoin, and China imposed serious restrictions in December. Although governments are trying to address the issues that bitcoin poses to them in different ways, they are afraid of digital currencies for the same reason.
Title: Re: Regulation of Bitcoin Post by: mrben77 on June 07, 2018, 07:28:39 AM this widespread inability to understand the fundamental principles and capabilities of the bitcoin protocol can lead the authorities to decisions that will only harm their economic development without having any impact on criminal activity. One of the most obvious flaws in the patriotic actions of such countries as Russia, which seeks to protect its citizens from terrorists and money laundering, is the simple fact that the government can not enforce its demands.
Title: Re: Regulation of Bitcoin Post by: addeqt on June 07, 2018, 07:31:15 AM The government want almost everything around this world under their control. I am not saying that regulation is bad for the crypto, it is just not the nature of the blockchain technology and the bitcoin to be controlled by a group of people. The regulation could hit and shutdown some of the current startups and business involving crypto but some that are concrete enough and have big man behind could stand strong and face several policies and regulation required by the government. However, at the end of the day, the government have the last say to everything.
Title: Re: Regulation of Bitcoin Post by: dongosquad on June 07, 2018, 07:50:21 AM The government want almost everything around this world under their control. I am not saying that regulation is bad for the crypto, it is just not the nature of the blockchain technology and the bitcoin to be controlled by a group of people. The regulation could hit and shutdown some of the current startups and business involving crypto but some that are concrete enough and have big man behind could stand strong and face several policies and regulation required by the government. However, at the end of the day, the government have the last say to everything. You are right, the government just wants to give protection to the country. They are concerned about the possible adverse effects of using cryptocurrency, so most governments limit the use of cryptocurrency. For me it does not matter although cryptocurrency is not allowed to be used as a means of payment, because for me it is more profitable to use it as an asset.Title: Re: Regulation of Bitcoin Post by: Aryadwipanggah on June 07, 2018, 08:29:42 AM regulation will have no effect on bitcoin prices, as bitcoin prices are more influenced by the power of its buyers and sellers and some news about both positive and negative bitcoin.
Title: Re: Regulation of Bitcoin Post by: Bitfling on June 07, 2018, 09:06:19 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulation will make investor more relief and more confident. Regulation from government needed to make investor more calm because right now many scam in cryptomarket. Beside that, with regulation, government earn taxes from crypto trading Title: Re: Regulation of Bitcoin Post by: Jihuny23 on June 07, 2018, 09:12:41 AM I also prefer if the bitcoin is regulated. This will have an impact on the increasingly stable price of bitcoins. If bitcoin prices tend to be stable then investors will be more calm in investing bitcoin. I am also more pleased if bitcoin can eliminate its anonymous facility because of to avoid crime transactions through bitcoin. I am very sad if bitcoin continues to be the cause of the irresponsible crime. I am sad if bitcoin name becomes bad because it is used by this responsible person. Hopefully, the news becomes true that bitcoin will be governed by world's official institutions.
Title: Re: Regulation of Bitcoin Post by: upinros on June 07, 2018, 09:13:07 AM If Bitcoin in each country has its own regulation will be many changes that can occur even the price will change. And I think the government will get a lot of profits with taxes as well because if they want to make the rules it is definitely with tax. Long-term, you will see developments in services because consumer protection may exist in place of helping consumers in terms of hacking. Price-wise, this is not much of a concern unless the regulations are placed unfairly and do not help the consumer in any way.
Title: Re: Regulation of Bitcoin Post by: arguelles84 on June 07, 2018, 09:48:32 AM Swiss law presupposes minimal interference, with the exception of strict regulation of the exchange of crypto-currencies and anti-money-laundering policies. The somewhat more integrated approach of Russian regulators so far covers the exchange and storage of crypto-currencies, the ICO procedure and mining, but there is a possibility of introducing additional restrictions. Time will tell which approach will be more effective in the long term. To date, Switzerland - one of the most attractive jurisdictions for crypto-currency projects, which in Russia registered only about two dozen.
Title: Re: Regulation of Bitcoin Post by: taksrkanah on June 07, 2018, 09:54:13 AM The government imposed the rules only to get their share of the tax on the bitcoin exchange results not to ensure the security of bitcoin users and I think it was nothing more than greed.
After they are content to say bitcoin fraud, bitcoin is not a currency, bitcoins are not safe for investment, in the end they say bitcoin is part of the technology they have to accept, is not this hypocritical? Title: Re: Regulation of Bitcoin Post by: DanyJr on June 07, 2018, 06:49:12 PM Government just want to find a suitable way to control bitcoin.
Title: Re: Regulation of Bitcoin Post by: samvel86 on June 07, 2018, 07:26:03 PM At first glance, it seems to me that you can not say anything, but what I think deeply understands is that it is impossible to develop at this rate, but not to regulate it. It will also lead to cooperation with the government. Title: Re: Regulation of Bitcoin Post by: Rakabel619 on June 07, 2018, 07:48:03 PM Hello. in my opinion, if governments will try to stabilize the fifth of the money crypto, automatically and prices will be influenced. they will probably raise prices and will not fluctuate so much by increasing and lowering prices from heaven to earth and vice versa
Title: Re: Regulation of Bitcoin Post by: kaybounty on June 07, 2018, 08:22:46 PM Due to the fact that Bitcoin is decentralised and operates without the authority or administration of the state or the banks, some users have questioned its trustworthiness. This leads to various issues including concerns about taxation, circumvention of exchange control regulations, loss of fees for banks, and even a diminishing demand for local currencies. It is however the ease of use and low transaction costs that provide an attractive alternative to traditional banking.
As a result of these, governments of different countries are looking for a way to be in charge of crypto activities (regulations) Title: Re: Regulation of Bitcoin Post by: awawo on June 07, 2018, 08:28:25 PM Well to regulate crypto currency is like making it to lose it original statues as a decentralized currency that is free from all other third party involvement, and which regulations is part of third party allowing the government to control and regulates it activities. The KYC software was base in that but bitcoin among other crypto can not be regulated.
Title: Re: Regulation of Bitcoin Post by: PacePay on June 07, 2018, 08:48:19 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? The governments if want to regulate bitcoin for the use of their country then they have to do but in a way that they do not harm bitcoin and its features while if they are hostile to bitcoin and want to restrict bitcoin with their regulations then it is bad and they are giving harm to their country and to their people because they will deny them from the future success. Title: Re: Regulation of Bitcoin Post by: AfterTheFork on June 07, 2018, 09:12:44 PM There has been concerns about the regulation of Cryptocurrencies for a long period of time that has led to governmental wars between cryptos and the governments especially BTC, i don't think cryptos will do well under regulations, the thrive on freedom and regulations will only limit their potentials and success. Cryptocurrencies were designed to exist and flourish in a decentralized manner, regulations may not do lots of good to any oth the cryptos including BTC
Title: Re: Regulation of Bitcoin Post by: tuturutmunding on June 08, 2018, 01:25:32 AM in my country there is currently no clear rule if people do bitcoin transactions. The government is concerned about the risks of using bitcoin due to the absence of a regularor of a responsible institution.
Title: Re: Regulation of Bitcoin Post by: Kahoy01 on June 08, 2018, 01:41:37 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If a cwrtain country were to regukate bitcoin in theur territory in the expense pf letting it operate in there, then I think it is still a good idea abd a gopd opportunity for bitcoin to expand its reach. However, the big problem about regulating bitcoin is that it could not be regulated that easily. One of the biggest solution was to ban and potentially shut down internet in the country but that would be a huge issye on the violation of human rights.Title: Re: Regulation of Bitcoin Post by: Goldenprog on June 08, 2018, 02:33:07 AM If the government makes a rule against bitcoin then the rules in bitcoin are different. Better the government only accepts taxes.
Title: Re: Regulation of Bitcoin Post by: kucritt on June 08, 2018, 02:40:58 AM if there are any solution about government want to banned bitcoin i think make a bitcoin regulation is the best choices that will all people take compared that government banned bitcoin forever and i think it will very helpful for country because they can watch about transaction and can taxes the people who own bitocin and get income from bitcoin
Title: Re: Regulation of Bitcoin Post by: Marlo0619 on June 08, 2018, 02:53:26 AM Post everyday, then you must not have any other accounts or else it will be banned. Your posts must not be copied from other post. Your post should not be repeated. Use the bitcoin wisely.
Title: Re: Regulation of Bitcoin Post by: jasonhart on June 08, 2018, 04:39:22 AM There are no such limits or regulations on Bitcoin. Through Bitcoin isn’t legalise over all the country so in some country they have their own rules and regulations. Regulations of bitcoin by governments will boost people faith in bitcoin.
Title: Re: Regulation of Bitcoin Post by: jurelmartin on June 08, 2018, 05:16:31 AM Technically they can't put a regulations to bitcoin because that's the idea of bitcoin and how it was created to eliminate the ones who control or runs it. But let's hust say that they put a regulations to it the price might go down becuase the reason why people is in to bitcoin is that it is decentrelized idea and thats what they want
Title: Re: Regulation of Bitcoin Post by: bauntyshark on June 08, 2018, 09:55:44 AM All for the sake of profit I think government will receive a lot of profit from taxes. Because cryptocurrency are outside the government taxes reach)
Title: Re: Regulation of Bitcoin Post by: Lexurdania on June 08, 2018, 10:45:17 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I am believe that in the future government will give bitcoin or cryptocurrency regulation. With regulation from government on crypto, many peoples will investing on cryptocurrency and that will make market rising and i think market cap can reach trillion dollar Title: Re: Regulation of Bitcoin Post by: kasemin on June 08, 2018, 10:54:14 AM If Bitcoin in each country has its own regulation it will be many changes that can happen, even the price will change. The government all want to set Bitcoin and all other coins but cryptocurrency has no limit so they will never be able to control it.
Title: Re: Regulation of Bitcoin Post by: chrismartin on June 08, 2018, 11:02:37 AM The goal of bitcoin is to make some transactions without any connections from government. And i dont think so that its good thing when government will be there in place. And if that thing will happen, we dont have no choice on it mate.
Title: Re: Regulation of Bitcoin Post by: dodz031718 on June 08, 2018, 11:06:47 AM Bitcoin is meant to be officially regulated by government regulations.I think that can be regulated in the exchange of bitcoin or another crypto.This is true in some countries such as examples of KYC implementation for its users.Regulations of echanges and restrictions that may disturb the investors or enthusiasts privacy would really affect it's price and market.
Title: Re: Regulation of Bitcoin Post by: Choyor on June 08, 2018, 11:14:59 AM If every country has its own regulation then it can be ensured that it will change Bitcoin's price which will benefit the country from taxes, because every government makes a rule of course they will impose taxes.
Title: Re: Regulation of Bitcoin Post by: emezh10 on June 08, 2018, 11:24:57 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If bitcoin would be regulated by the government, it would deform the natural program and may affect the operations, price movement and even the services it provides to the public. Some of these changes might be good for us and some might not. But, lets all hope that it will not altered the original purpose of the technology. Allocation of wealth and collection of revenues will play a major role in this regulation.Title: Re: Regulation of Bitcoin Post by: TahuDiniHari on June 08, 2018, 11:26:52 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Direct influence may not be, but if government-issued news about bitcoin, let alone it's a matter of prohibition. it greatly affects the market. especially for enthusiastic enthusiasts who will re-think. Title: Re: Regulation of Bitcoin Post by: maruf_h20 on June 09, 2018, 11:17:39 AM Bitcoin is an invisible many. They have special many. Bitcoin is possible to sell products through the Internet in the international market. But Bitcoin's goal is to trade or trade in goods without the intervention of any country's government.
Title: Re: Regulation of Bitcoin Post by: aioc on June 09, 2018, 11:24:04 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I don't like it because it is a big deviation from cryptocurrency value and goal like all the other views they just want to tax people who are into cryptocurrency and wants a big share from the industry, and of course they want to know who are the whales in the cryptocurrency so we must all fight regulation. Title: Re: Regulation of Bitcoin Post by: rye18 on June 09, 2018, 11:29:52 AM Regulating bitcoin is really beneficial to government because once it implemented the government can now collect taxes on cryptocurrency transactions thay may help creates more project and can generate more jobs.
Title: Re: Regulation of Bitcoin Post by: anitaraymonds on June 09, 2018, 11:35:53 AM Decentralization is the foundation of cryptocurrencies of which if taken away and bring in regulation will destroy the bedrock of blockchain upon which bitcoin runs on. If the pro regulation carry the day definitely bitcoin price will be affected because a lot of bitcoin holders will dump and the price will tumble and altcoin values will drop
Title: Re: Regulation of Bitcoin Post by: pastan on June 09, 2018, 11:45:19 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Crypto must be regulated at least because of scam ICO projects and the problems with withdrawing money from exchanges. We need democratic taxes on our earnings and protection from scam investments.Title: Re: Regulation of Bitcoin Post by: jchav010101 on June 09, 2018, 11:53:42 AM Many countries restrict using of bitcoin because of banking systems.I think bitcoin will lose its unique meaning if it is controlled so developers should save it.Cryptocurrency values remain heavily tied to speculation and optimism.Drastic policy changes can have an outsized impact on short term direction.
Title: Re: Regulation of Bitcoin Post by: max1616 on June 09, 2018, 11:54:31 AM Governments can not set Bitcoin price..They can only tax the stock market companies used in the country..This causes only small fluctuations.
Title: Re: Regulation of Bitcoin Post by: Emanammy on June 09, 2018, 12:58:01 PM Financial regulations are imposed by government on business and financial institutions in order to manage a nation's financial system.These regulations are sometimes harmful to the end users of the financial system,regular people and are most of the times introduced without regard to that fact.
Title: Re: Regulation of Bitcoin Post by: Chaelbrin on June 09, 2018, 01:00:35 PM Since bitcoin was made as a decentralized digital money, which means experts ought not be included, there ought to be no requirement for controls. In any case, experts need to keep control and take their offer by assess. To ensure the purchaser that is... Then again, with such huge numbers of tricks, maybe it's bettee to have directions. Since we don't self control.
Title: Re: Regulation of Bitcoin Post by: abonti on June 09, 2018, 01:43:50 PM I think regulation needed for bitcoin trade. Many investor will more believe on bitcoin as investment. Beside that, with regulation investor in cryptocurrency more protected and feel safe with their investment .but bitcoin will come back after proper regulation. Title: Re: Regulation of Bitcoin Post by: twitami1 on June 09, 2018, 02:12:27 PM The government for technical reasons can not control the cryptocurrency. but with its regulation now the situation is very ambiguous: each government is trying to develop its approach. I think that the regulators still do not have a complete understanding and awareness of what a sensation the cryptocurrency has made with its appearance. nevertheless, the government will not be able to settle and prohibit such things as, for example, downloading a purse application or client for mining and connecting to the Bitcoin network. The US and other developed countries have been unsuccessfully trying to regulate the peer-to-peer network of torrents over the past ten years.
Title: Re: Regulation of Bitcoin Post by: mineko on June 12, 2018, 09:24:18 AM if mungking price issues will not change, because bitcoin will remain the number one, and then the bitcoin price will not be disturbed.
Title: Re: Regulation of Bitcoin Post by: Nelly.G0211 on June 12, 2018, 07:37:56 PM nevertheless, i think that regulations are necessary for bitcoin. It is necessary for "smart money" to get invested in BTC, cause its holders need guarantee, which is only possible with regulations. So regulations will help BTC to become more stable, I think
Title: Re: Regulation of Bitcoin Post by: titan20 on June 12, 2018, 07:43:15 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? In my opinion, this is not a something bad. Recognizing the crypto industry as an appropriate regulated financial market will be a benefit to the global crypto currency market in the long term and will improve the basic adaptation of the crypto currencies. :) Title: Re: Regulation of Bitcoin Post by: taxli on June 18, 2018, 08:50:39 AM It is like to breathe only with helium) government want to have part of your money from crypto. they will make mistake when supply it
Title: Re: Regulation of Bitcoin Post by: thomillllistic on June 18, 2018, 09:22:15 AM Many governments are concern about cryptocurrency and they think it should to be regulated. at the beginning of the formation of the state rules would be the price will drop, the stability will happen again after all resolved and even bitcoin can fly up if all countries have legalized it Title: Re: Regulation of Bitcoin Post by: bitcoinman93 on June 18, 2018, 09:23:01 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? regulation will allow cryptocurrencies to operate in fully compliant matter, that will mean the large instituional players to put their money in which will results in the market cap increase. Title: Re: Regulation of Bitcoin Post by: ipanks on June 19, 2018, 02:26:54 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? regulation will allow cryptocurrencies to operate in fully compliant matter, that will mean the large instituional players to put their money in which will results in the market cap increase. maybe yes and maybe not, we don't know what kind of regulation that the government will apply into cryptocurrency and how deep they understand about the main things of the cryptocurrency. I hope that the government doesn't make cryptocurrency user get in trouble because of their regulation and they will give their support for the cryptocurrency so the cryptocurrency can be accepting in all country. Title: Re: Regulation of Bitcoin Post by: naily on June 20, 2018, 01:15:48 PM By having regulation and bitcoin will be very expensive from its existence. And the existence of regulation for bitcoin seems to make bitcoin very good and safe to use in transact
Title: Re: Regulation of Bitcoin Post by: nmax21 on June 20, 2018, 01:17:47 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? We already see how regulation affected the price of the currency. There is already no such volatility that was before. Title: Re: Regulation of Bitcoin Post by: znakistu on June 23, 2018, 01:46:06 PM Each state applies its own approach to regulating bitcoin. those who simply banned crypto currency in general - just an exception to the general concept. as it seems to me, regulation will lead to nothing, because you just have to accept that the crypto currency will be in our lives often. for example, no government will be able to prohibit downloading wallets or connecting to the network bitcoin, because for this it will be necessary to disconnect the entire Internet, and this is simply impossible.
Title: Re: Regulation of Bitcoin Post by: bnsdywoahg on June 23, 2018, 01:49:49 PM It will good news if some government regulate crypto currency. Then price will boom. I think in India I have to wait for regulations.
Title: Re: Regulation of Bitcoin Post by: simaislam on June 23, 2018, 01:52:00 PM I don't think regulations would harm bitcoin in the long run given that people also need to find some sort of legal assurance if in case they decided to dive in the world of cryptocurrencies. Short-term, bears would make a fuss out of it to make it look like regulations spelt the doom for cryptocurrencies when in fact, it will actually do more good than harm. Long term, you'll see developments in services since consumer protection would probably be in place, helping consumers out if in case a 'hack' takes place. Price-wise, this isn't much of a concern unless regulations placed are unfair and don't help the consumers in any way.
Title: Re: Regulation of Bitcoin Post by: DgurJIupyf on June 23, 2018, 01:52:30 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. I agree with your point of view. I think if the government of many countries will do as they did in the Japanese village. We have created our own cryptocurrency and form our own crypto economy. It is very competent and correct. And it is correct to equate the price of 1 crypto-coin to a gram of gold or silver.... How do you like this approach? Title: Re: Regulation of Bitcoin Post by: walemil on June 24, 2018, 11:43:04 PM We get to hear of the attempt of the government to regulate bitcoin and other cryptocurrencies only when the price is booming. Once there is a prolonged bearish market, everything dies down. I am beginning to think there is an ulterior motive behind this regulation talks.
Title: Re: Regulation of Bitcoin Post by: Lauff on June 25, 2018, 07:48:11 AM when the government does not formalize the existence of bitcoin automatically people do not dare to use digital currency as payment process in that country. And the rule in my opinion is the new policy the government must make to make the community obedient
Title: Re: Regulation of Bitcoin Post by: Amokomowo2005 on June 25, 2018, 09:25:36 AM This regulations will be the best decision of cryptocurrency so far as it will help in curbing some shit crypto and leave only the trusted one...
Title: Re: Regulation of Bitcoin Post by: Hsorif75 on June 27, 2018, 01:16:20 PM Bitcoin does not control anyone. Those who made Bitcoin, ie Satoshi Nakamoto or they also do not control Bitakena. Because Bitcoin has been created this way. So nobody will be able to reduce or increase the price of Bitcoin. And there is no physical value of Bitcoin. Sells bought by Bitcoin, because Bitcoin has faith in Bitcoin, and Bitcoin has faith in Bitcoin. Again, whoever sent Bitcoin to anyone, it was understood that people can not be separated, so many people use Bitcoin for security.
Title: Re: Regulation of Bitcoin Post by: railyako on June 30, 2018, 01:09:27 PM Governments want to regulate cryptos because they pose a threat to the existing financial system of the world. but bitcoin was designed to be decentralized and surely will not be regulated,
Title: Re: Regulation of Bitcoin Post by: overseer470 on June 30, 2018, 01:11:15 PM regulation will have no effect on bitcoin prices, as bitcoin prices are more influenced by the power of its buyers and sellers and some news about both positive and negative bitcoin.
Title: Re: Regulation of Bitcoin Post by: nikonova on July 02, 2018, 11:04:26 AM regulation will just give bitcoin stability and maybe a lower value since it is being controlled. but this will not happen since cryptos are not designed to be regulated.
Title: Re: Regulation of Bitcoin Post by: justinstewart704 on July 02, 2018, 11:16:53 AM One of the important reasons for the government to refuse bitcoin is that you do not pay tax. this is an advantage. if governments want to change bitcoin regulations price bitcoin will fall.
Title: Re: Regulation of Bitcoin Post by: patrickj on July 02, 2018, 11:33:30 AM I think it is good to regulate cryptocurrency ICO not Bitcoin itself. It is a good point to do this because most of ICO should be legitimate before doing some ICO investment thing. What do you think if Bitcoin is the one they regulate? Not good to hear, what I mean is? Instead of regulating they should improved more in security of any exchanges so no hacker can do their malicious act.
Title: Re: Regulation of Bitcoin Post by: silviyako on July 02, 2018, 12:04:13 PM regulation can be an advantage for bitcoin. bitcoin will be mainstream, have stability, thus attracting more people to invest
the disadvantage thought it will not be decentralized anyomore. Title: Re: Regulation of Bitcoin Post by: Btcnaivie on July 02, 2018, 12:07:31 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I think regulation in bitcoin is coming. Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation. The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets. But they’re also part of their bad reputation, with the same anonymity and decentralisation allowing them to be used for crime. Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive; here’s an attempt to predict what might be to come in that most unpredictable of markets. Title: Re: Regulation of Bitcoin Post by: penetrak on July 02, 2018, 12:09:03 PM While most countries do not consider using Bitcoin as illegal, the status of cryptocurrencies is different, with a different approach to regulation. Some countries have explicitly allowed their use and trade, others have banned or restricted it, and others have not yet officially spoken. Regulators do not have a positive impact on the cost of cryptocurrencies.
Title: Re: Regulation of Bitcoin Post by: Putunembah on July 02, 2018, 12:14:09 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? whether bitcoin can be governed by the government, and whether the government can manage bitcoin, I think it's not an easy job of course, when the bitcoin price I think it's hard for the government to set it, because to be able to know definitely the bitcoin price will be as high as where and want as low as its value certainly will not be able to be known with certainty.Title: Re: Regulation of Bitcoin Post by: braZZers123 on July 02, 2018, 12:25:22 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? It seems to me that regulating bitcoin is a wrong policy for the government. And it will badly affect the price of bitcoin, many investors can simply scare away.Title: Re: Regulation of Bitcoin Post by: ipanks on July 02, 2018, 12:45:26 PM I think it is good to regulate cryptocurrency ICO not Bitcoin itself. It is a good point to do this because most of ICO should be legitimate before doing some ICO investment thing. What do you think if Bitcoin is the one they regulate? Not good to hear, what I mean is? Instead of regulating they should improved more in security of any exchanges so no hacker can do their malicious act. I agree with you because right now, there is too many ICO that can be a scam project and makes people lose much money. and if the ICO can be regulated, then I think people will be safe to invest their money in the ICO and they can also get the guarantee that the ICO is not a scam programs. but I am not sure that if there is any regulation of bitcoin but maybe the regulation is related with the tax that we need to pay as bitcoin user. Title: Re: Regulation of Bitcoin Post by: Blackhammer321 on July 02, 2018, 12:51:10 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? In my opinion, it is fine to regulate the use and operations of bitcoin in a certain country if it is to subjugate criminals and scoundrels that abuse bitcoin's anonymity feature to make way for their transactions to be untracked. Regulating bitcoin operations is better than illegalizing the use of it in the said territory, I must say.Title: Re: Regulation of Bitcoin Post by: Psychee on July 02, 2018, 01:27:22 PM what kind of regulation has it been for a long time no one is following so invest in new crypto projects like Socratus
Title: Re: Regulation of Bitcoin Post by: lucy94 on July 02, 2018, 03:42:06 PM this is the most sensitive topic and what actually bitcoin enthusiasts should advocate for, no regulations.
Title: Re: Regulation of Bitcoin Post by: LavernB on July 02, 2018, 03:52:58 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Regulating crypto is the complete opposite of the goal that creators wanted to do. BTC loses it's value if it gets regulated in any way but on the other hand if it doesn't the governments won't accept it and it will continue to be unstable. Title: Re: Regulation of Bitcoin Post by: tikanima on July 06, 2018, 04:41:23 AM Bitcoin rules will gradually be released, no matter what time they take to do so, I think bitcoin will lose its unique meaning if it is controlled so developers should save it. Title: Re: Regulation of Bitcoin Post by: sicnarfwb on July 06, 2018, 05:11:56 AM Regulation of BITCOIN are good for individual to avoid paying taxes and good for the government to regulate the so called decentralized BITCOIN currency which most likely gather more user to market. If BITCOIN creator and government agencies agreed to regulate this currency then its a big help for the investors, businessmen, etc. to avoid any fraud/scam, if this will happen in the future then the BITCOIN will be more secure and protection to transact with the help of the government. Taxes is part of a country to survive thats why government will try to regulate any kind of technology which they can earn for the evolution of their economy.
Title: Re: Regulation of Bitcoin Post by: main320 on July 06, 2018, 05:13:44 AM Administrative proclamation about a crypto boycott or not, extremely delicate to the market, influence the cost by distributed standards. In the event that the control of crypto is a boycott can decrease the level of certainty, the conditions are extremely hard to pass and the market cost is hard to anticipate, generally, if the positive direction of crypto trust rate is high.
Title: Re: Regulation of Bitcoin Post by: anrian062 on July 06, 2018, 07:10:29 AM i think the most profitable is crypto side and the regulation for bitcoin is a good way to increase awareness of the bitcoin itself. if the government decided to try to regulate what is almost impossible. a decentralized system with an aid from the government is going to be powerful. although they need to working hard to maintain decentralized concept.
Title: Re: Regulation of Bitcoin Post by: AirGirea on July 06, 2018, 07:15:42 AM It will good news if some government regulate crypto currency. Then price will boom. I think in India I have to wait for regulations.
Title: Re: Regulation of Bitcoin Post by: adejoke444 on July 06, 2018, 07:17:41 AM Regulations is really needed most especially at this moment when we have so many fake project running ico and those manipulating the cryptocurrency market sphere...
Title: Re: Regulation of Bitcoin Post by: Choyor on July 06, 2018, 07:26:10 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If every country has a regulation on Crypto it will certainly be a change to the Bitcoin users themselves and can be sure will affect the market price of the crypto itself because every Bitcoin user will be limited by the rules themselves. I think it's just a nonsense, because the government can not withdraw taxes from the use of this crypto.Title: Re: Regulation of Bitcoin Post by: abiola4real on July 06, 2018, 07:33:15 AM i think some of the reasons government still failed not to legalize the use of blockchain is because of the risk of anonymous which can be use for illegal activities...
Title: Re: Regulation of Bitcoin Post by: pjr77 on July 06, 2018, 07:49:26 AM bitcoin can not be resolved at the executive level, since it is almost impossible to establish the identity of the person making transactions and can not influence these operations (cancel, restrict, check), so some countries simply banned bitcoin. although I believe that at the tax level, regulation is possible: these are instruments of taxation, licensing, official registration of stock exchanges, KYC procedure when registering on stock exchanges, exchange sites and purses. accepted in countries that are loyal to crypto-currencies (Japan, USA, Sweden, Switzerland, Luxembourg, etc.)
Title: Re: Regulation of Bitcoin Post by: Akenosi on July 06, 2018, 07:54:50 AM The regulations will make people to trust bitcoin and the media too will be of help by making it reach as much as possible of prospective investors.
Title: Re: Regulation of Bitcoin Post by: rudox on July 06, 2018, 08:01:40 AM Regulation as government policy in relation to bitcoin market price always affect the price negatively pushing the price down. The governments are against Bitcoin because of its decentralized nature. The government fears that bitcoin will help people to evade tax which is the oil that governments runs on.
Title: Re: Regulation of Bitcoin Post by: nurbay on July 06, 2018, 08:04:14 AM Cryptocurrency indeed needs to be regulated by the government and supported by the government.
If it is done then there will be an opportunity to rise in price. During this time, Cryptocurrency has decreased in price because the value of the price is influenced by the government in several countries. Many reject the use of Cryptocurrency, which will trigger many investors to hesitate in investing in Cryptocurrency. I am sure if the regulation about Cryptocurrency has been set then Cryptocurrency will be a great thing in the future. Title: Re: Regulation of Bitcoin Post by: victoryana on July 06, 2018, 08:25:36 AM Bitcoin has its own rules for transactions, but their government still has a lot of bitcoin deals. But if you are an investor you should follow what the founder has to offer.
Title: Re: Regulation of Bitcoin Post by: mung_nasib on July 06, 2018, 09:17:17 AM When governments in a country have made the rules about crypto definitely make someone more comfortable in investing so in exchange rate affairs is actually not very influential because only enthusiasts who can change a coin various price.
Title: Re: Regulation of Bitcoin Post by: Baronggot on July 06, 2018, 12:43:57 PM Regulating cryptocurrency is better than banning it for we still have the chance to earn in crypto. Almost every government is making a move to regulate cryptocurrency as countermeasures for scams and shady activities with regards cryptocurrencies. It'll also be the time that your a portion of your crypto earnings will go to the tax. It may affect crypto's market price that may shrink a bit but it's a win-win situation for crypto investors too.
Title: Re: Regulation of Bitcoin Post by: Muspion on July 08, 2018, 07:12:37 AM Some countries have explicitly allowed their use and trade, others have banned or forbidden it, and others have not been officially spoken. Regulators have no positive impact on cryptocurrency costs and while most countries do not consider the use of Bitcoin as illegal, different cryptocurrency status, with different regulatory approaches
Title: Re: Regulation of Bitcoin Post by: Swanh on July 08, 2018, 07:28:17 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Maybe if bitcoin will be regulated by the government,the value of bitcoin will decrease after they make some regulation on it,because I think that bitcoin is awesome when it will be used freely.Furthermore if the government make their hands on bitcoin,I think it's one of the worst move of bitcoin, because it will make some rules and it maybe effect bitcoin negatively.Title: Re: Regulation of Bitcoin Post by: Gyromancer on July 08, 2018, 08:32:40 AM I also strongly agree if the bitcoin and crypto currency is set. Of course this will have an impact on the price of the crypto currency is stable. If the crypto currency is set then we are not troubled by the supply and demand that determine the price of crypto currency. The price is set by the official party. This stability brings more change than the constantly fluctuating price. Yeah even though the downside, we can not have full control over our crypto currency. Honestly, I am also worried about the state of crypto currency if it continues like this so I had time to think if there is a party of crypto currency insurance then I will follow it.
Title: Re: Regulation of Bitcoin Post by: bestcomputerpsycho on July 08, 2018, 10:18:47 AM No matter how strong our community is or how decentralized we want it to be, reality is that it will be regulated going ahead. And I think that's a good thing going ahead, as govt won't ban it, people will start trusting it and big players in ecommerce can start accepting cryptos. The thing is you can't fight with the government as they are the one running the entire nation and they won't accept it unless they see some profits for themselves.
Title: Re: Regulation of Bitcoin Post by: Donotfoolme on July 08, 2018, 12:22:30 PM Regulations? In other hand its a taxes! They just trying to make regulations just to make an excuses, because your cryptomoney is not a goverment controlled! They just want money from us goverment do not want if they do not controlled it which means they want a taxes from it!
Title: Re: Regulation of Bitcoin Post by: sagittarius1 on July 08, 2018, 12:25:55 PM Actually I don't figure directions would hurt bitcoin over the long haul given that individuals likewise need to discover a type of legitimate affirmation if on the off chance that they chose to make a plunge the universe of digital currencies. Here and now, bears would make a complain out of it to influence it to look like controls spelt the fate for digital forms of money when truth be told, it will really accomplish more great than hurt. Long haul, you'll see advancements in administrations since purchaser security would most likely be set up, bailing shoppers out if in the event that a 'hack' happens. Value insightful, this isn't a lot of a worry except if directions set are uncalled for and don't help the customers in any capacity.
Title: Re: Regulation of Bitcoin Post by: King_Linda on July 08, 2018, 12:50:37 PM I think bitcoin can not be adjusted for electronic money. That is the coin market of the first electronic money. Bitcoin earns a lot of people. Many people have exploited bitcoin. This is the source of earning bitcoin time. They are students growing there. So, I was there because Bitcoin could not form the national form.
Title: Re: Regulation of Bitcoin Post by: nesty on July 08, 2018, 12:59:43 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If crypto currency will be regulated the annonimity of transaction will be publicly declared because every transaction would be taxable if it is regulated by the government. But i think it would be hard to regulate it because it would take time and effort for them to know who are the the persons who owned this crypto currencies. Title: Re: Regulation of Bitcoin Post by: Ethan Argu on July 08, 2018, 02:57:08 PM If they put regulations. In bitcoin they need to evaluate first if the people can help of that. They can help consumers on that regulation. They need to study about that because if can affect through businesses and also the people who patronizing it probably in will go of decreasing value of bitcoin so study first make an opinion and have make a vote. To know the opinions of other people.
Title: Re: Regulation of Bitcoin Post by: teamspike911 on July 08, 2018, 03:14:00 PM Of course, the more people have access to bitcoin, the more will be its price. And what about the regulation of bitcoin ... if it becomes popular, then it will not be possible to regulate it. In this and all the charm of decentralized crypto-currencies.
Title: Re: Regulation of Bitcoin Post by: ucok_aball on July 08, 2018, 04:21:36 PM actually bitcoin is not a concern, but if the government thinks it is a concern it makes the participation in the development of the times will be too late, but that's just my view ;D
Title: Re: Regulation of Bitcoin Post by: TmottaDing on July 08, 2018, 04:28:25 PM Well, it is being regulated on a lot of countries around the world, so i think that it is not an impossible task and there a lot of people concerned about this, but well, i just hope to do not see it regulated on my country (in where i am living now)
Title: Re: Regulation of Bitcoin Post by: jhache on July 08, 2018, 04:34:00 PM Well if the governments wanted Bitcoin to be regulated than they would have already done so. They are the ones who are going to create laws for it and regulate the market. But I don't think regulation is what the governments want, they want to ban or have control of the Bitcoin markets.
Title: Re: Regulation of Bitcoin Post by: queenlaurel on July 08, 2018, 10:54:39 PM If it is genius care by the government to the people and it's not for selfish reason and it's for the betterment of Bitcoin and it's users, also to curb frausters and hackers, then I don't see anything bad in regulating Bitcoin as long as it does not affect our transactions and investments.
Title: Re: Regulation of Bitcoin Post by: jonaire99 on July 08, 2018, 11:11:39 PM Well if the governments wanted Bitcoin to be regulated than they would have already done so. They are the ones who are going to create laws for it and regulate the market. But I don't think regulation is what the governments want, they want to ban or have control of the Bitcoin markets. There are already some countries that imposed regulation on cryptocurrencies but whether you like it or not, regulation will certain to happen in many of the countries who are members of G20. The recent summit of G20 for cryptocurrencies have discussed about the possible regulation of cryptocurrencies and they now awaiting recommendations before finalizing and approving it. Title: Re: Regulation of Bitcoin Post by: Karie_Legend on July 08, 2018, 11:22:54 PM actually bitcoin is not a concern, but if the government thinks it is a concern it makes the participation in the development of the times will be too late, but that's just my view ;D They forbid Bitcoin because everyone will learn to use the money without any tax charges that must be in the family by someone else. This is a very thing in the fear of government. Title: Re: Regulation of Bitcoin Post by: Sum24 on July 10, 2018, 02:15:51 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If crypto currency will be regulated the annonimity of transaction will be publicly declared because every transaction would be taxable if it is regulated by the government. But i think it would be hard to regulate it because it would take time and effort for them to know who are the the persons who owned this crypto currencies. Title: Re: Regulation of Bitcoin Post by: TelolettOm on July 10, 2018, 02:17:55 AM Well, it is being regulated on a lot of countries around the world, so i think that it is not an impossible task and there a lot of people concerned about this, but well, i just hope to do not see it regulated on my country (in where i am living now) regulation is actually good to be able to organize everyone in a country about the policy on bitcoin rules. unfortunately in my country there is still no certainty. but related parties have said that bitcoin is a commodityTitle: Re: Regulation of Bitcoin Post by: Odlanyer on July 20, 2018, 03:09:56 PM The regulation of bitcoin is by government because some countries are banned bitcoin but some are didn't, regulation might affect the price temporarily but in long term,it would only help increase bitcoin price. Government regulation can help to stabilize the market and also make preventive measures when cryptocurrency is used to commit criminal acts.
Title: Re: Regulation of Bitcoin Post by: Project xupporter on July 20, 2018, 03:21:08 PM I think regulation will make some investors to have trust in cryptocurrency thereby allowing fresh money to enter into the market.
Title: Re: Regulation of Bitcoin Post by: GeckoTrader on July 21, 2018, 09:24:18 AM Regulators all over the world have begun to address the challenges presented by virtual currencies that mostly bypass regulated banks, financial firms, exchanges and central clearinghouses.
“Digital currencies, token sales and blockchain initiatives of all types have ignited a global phenomenon unlike anything I have ever seen,” said J. Dax Hansen, a partner at law firm Perkins Coie who leads its Blockchain Technology & Digital Currency industry group. “As the technology underpinning these developments disrupts products and services in nearly every industry, law makers, regulators and law enforcement are scrambling to keep up.” (source: https://www.marketwatch.com/story/heres-how-the-us-and-the-world-are-regulating-bitcoin-and-cryptocurrency-2017-12-18) Title: Re: Regulation of Bitcoin Post by: Bugatti73 on July 21, 2018, 10:19:01 AM Don't know about bitcoin or other cryptocurrencies regulation, but we really need the ICO sale process regulation.
Title: Re: Regulation of Bitcoin Post by: necessary on July 21, 2018, 11:23:50 AM If electronic money is set up we do not have trouble by supply and demand that determines the price of electronic money. This stability brings more changes than the continuous price fluctuations. To be honest, I am also worried about the status of electronic money if it continues like this so I have time to think if there is a cryptographic money insurer I will follow it. And I think it's a good thing going on, because govt will not ban it, people will start believing it and big players in e-commerce can start accepting the cryptos.
Title: Re: Regulation of Bitcoin Post by: kingofworld92 on July 21, 2018, 12:17:05 PM The problem is that you can not fight the government because they are the nationwide operators and they will not accept it unless they see some profit for themselves. Here and now, the bear will make a complaint out of it to affect it looks like spell-control fate for the digital form when the truth is said, it will actually perform better than hurt. Value deeply, this is not a lot of worries except if the directions set are not given and do not help the client in any capacity.
Title: Re: Regulation of Bitcoin Post by: Victorrrrrrr on July 21, 2018, 12:28:19 PM An effect depends on the type of the regulation that will be applied on the bitcoin and other currencies. I think that it will be very difficult to keep crypto anonymous.
Title: Re: Regulation of Bitcoin Post by: Rockkey on July 21, 2018, 12:33:23 PM Regulation is of two types - one type of regulation leads to the development of an ecosystem - it's like when a good gardener cares for his orchard, and the second type of regulation - leads to the fact that the ecosystem becomes too rigid and therefore becomes not quite adequate to the needs of the community.
Title: Re: Regulation of Bitcoin Post by: Javak on July 22, 2018, 03:26:22 PM can not say anything, green only a short time and then red
Title: Re: Regulation of Bitcoin Post by: Derizo on July 28, 2018, 06:27:59 PM There is no well rule and regulation for bitcoin. So its up to everyone will that he may or may not invest or trade in bitcoin. Internationally no rule is available for bicoin. Specially rates of bitcoin varies without any reason. Rates donot have any link with price of oil or anything else.
Title: Re: Regulation of Bitcoin Post by: 3acaga on July 28, 2018, 06:40:37 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? At the moment, the third part of all bitcoins are in the purses of the miners from China. How do you think who regulates bitcoin for now? Not so many people own bitcoin to say that he can not be regulated by anyone !!! Title: Re: Regulation of Bitcoin Post by: Winterwood21 on July 28, 2018, 06:59:23 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? bitcoin can never be regulated by the government because the original purpose of its creation is to make a currency free from intervention from any party, the system can only be controlled by blockchain. But all transactions are public and transparent so if crime rates with bitcoin tend to be small.The way the government can do is they have to make their own digital currency so they can regulate and monitor it, this trend has also started to be done in some countries in europe. Title: Re: Regulation of Bitcoin Post by: gorokill on July 28, 2018, 07:05:13 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? They can never set it in the base layer. It is likely to have a negative effect on prices in the short term. The only thing the government can do is set the exchange traded by Bitcoin. But the long run will be bullish because Bitcoin will be more legitimized as an asset.Title: Re: Regulation of Bitcoin Post by: Offece on August 01, 2018, 08:56:02 AM We get to listen of the strive of the authorities to regulate bitcoin and different cryptocurrencies handiest while the fee is booming. once there may be a prolonged bearish market, the whole lot dies down. i am starting to assume there's an ulterior reason at the back of this law talks.
Title: Re: Regulation of Bitcoin Post by: nydiacaskey01 on August 01, 2018, 09:11:36 AM When we start to hear the word "regulation" we cringe, we try to look the other way and say we don't like Bitcoin to be regulated because it beats the purpose of transacting in full anonymity, however, when we hear of someone getting scammed, we want full investigation and wants the authorities to step in to put the culprit behind bars. So what direction do we really want Bitcoin to go?
Title: Re: Regulation of Bitcoin Post by: dgoswami12 on August 01, 2018, 09:15:06 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Look regulations are needed but clean regulation , many government regulate only for their own profit that is really bad. You need to pay taxes for what you profit in Crypto because if crypto is not taxable amount , then in fiture one day will come when everybody will invest in crypto to get free from taxes , and that will be very bad and the economy of the country will collapse . So the best solution for all government is to announce Crypto as a legal tender and making it taxable assets but too much regulation can kill Crypto and i dont think there will be any price effect on crypto for regulation as far as regulation is simple not too much complex.Title: Re: Regulation of Bitcoin Post by: GG_Maker on August 01, 2018, 09:45:09 AM There are a couple of ways in which government intervention can influence the price of cryptocurrencies. First, governments can regulate the price of assets, such as fiat currencies, through buying and selling actions in international markets. Second, they can tamp down excessive enthusiasm for an asset class by saddling it with regulations that increase the cost of doing business. An example of this approach is bitcoin regulation being considered across various states in the United States. Most states require surety bonds or an equivalent amount in fiat currency for cryptocurrency exchanges within their jurisdictions. Finally, governments can also make the asset scarce by imposing controls on it. An example of this is the case of gold, which has import restrictions in several countries.
All three types of actions have the potential to fail in the case of bitcoin and cryptocurrencies. This is because cryptocurrencies are extra-national and have decentralized ledgers that are spread across multiple countries. Their regulation will require a well-coordinated effort across several economies. This might be a difficult task, given varying levels of interest in cryptocurrencies and their impact on national economies in different places. Title: Re: Regulation of Bitcoin Post by: Phil315 on August 01, 2018, 09:52:51 AM I would prefer Bitcoin to remain unregulated as it is. Regulating it puts it under the governments control again. I don't think this may be a good idea.
Title: Re: Regulation of Bitcoin Post by: Ahsan Aly on August 01, 2018, 09:54:57 AM Regulation is part of government involvement in our money. I think Crypto should be independent and pure. This is just my perception. :)
Title: Re: Regulation of Bitcoin Post by: Ramonranger on August 01, 2018, 10:04:41 AM Regulating Bitcoin is a win win solution to both government and developher of BITCOIN;
Bitcoin has a good reputation when regulated by government thru their economy which make people understand that bitcoin is more secured in dealing with transaction with the help of government anti-hackers and etc. Title: Re: Regulation of Bitcoin Post by: bere1993 on August 01, 2018, 11:00:58 AM I think regulation on cryptocurrencies like bitcoin has advantages as well as disadvantages. Suppose you send a huge sum of money using bitcoin and you get to know its completely scam, you have to stay silent without doing nothing as there is no any regulation, you cant seek government assurance. This made me to think that regulation is quite good. But on the other hand you will have to pay more and more taxes if there is a regulation.
Title: Re: Regulation of Bitcoin Post by: Ava Duvall on August 01, 2018, 11:01:25 AM Regulations? In other hand its a taxes! They just trying to make regulations just to make an excuses, because your cryptomoney is not a goverment controlled! They just want money from us goverment do not want if they do not controlled it which means they want a taxes from it! I don't agree. taxes are our duty and as citizen of a country we pay for different expenses. Regulations on the other hand are sets of rules to abide by, yes some fees will be applied where necessary but those aren't taxes . Title: Re: Regulation of Bitcoin Post by: renc77 on August 01, 2018, 11:28:03 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? If that's the case, I believe the government want to be part of this famous digital currency. They want it to control as their power dominates in this system. Moreover, the manipulation of the government about Bitcoin could lead into various digital issues like corruption. However, it is quite good on the other perspective. The government has the power to protect citizens and even netizens. If they can make a good regulation and laws that will follow by the society, it will lessen the cases of cybercrime here in cyberspace. :D Title: Re: Regulation of Bitcoin Post by: Sbdip on August 01, 2018, 11:32:31 AM Think positive.. Regulations are means that that country is indirectly legalising the crypto currency.. And to becone legal from illegal is better.. As we have seen india banned crypto. but thinking about regulate it. That means they are indirectly legalising it.
Title: Re: Regulation of Bitcoin Post by: Doctor4You on August 01, 2018, 11:40:35 AM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Really the only thing governments can do is regulate exchanges that Bitcoin is traded on. They could never regulate it on the base layer. It likely would have a negative effect on price in the short term, but long term it would be bullish as BTC would be more legitimized as an asset. Right. This is what I always think about when it comes to regulation. It does have certain benefits. Title: Re: Regulation of Bitcoin Post by: Raiden0729 on August 01, 2018, 11:45:56 AM I consider controls bitcoin will oversee how bitcoin will spread among the general population so they don't need to stress over bitcoin itself. other than that, this will makes bitcoin as another component of advanced money and bitcoin can develop more than before in light of the fact that the legislature at long last backings bitcoin as well. perhaps after the controls are executed, this will be an approach to forestall bitcoin for unlawful movement in light of the fact that on the off chance that we break the directions, we can get correctional facility or discipline from the law.
Title: Re: Regulation of Bitcoin Post by: Pattart on August 01, 2018, 11:51:30 AM When we start to hear the word "regulation" we cringe, we try to look the other way and say we don't like Bitcoin to be regulated because it beats the purpose of transacting in full anonymity, however, when we hear of someone getting scammed, we want full investigation and wants the authorities to step in to put the culprit behind bars. So what direction do we really want Bitcoin to go? Lol yeah is awry, the user wants bitcoin to remain anonymous but they also want the existing regulation so bitcoin usage can be easier, but they we know that the government would want a condition like verification. yeah it's hard to do because every party wants a condition..Title: Re: Regulation of Bitcoin Post by: snaper14 on August 01, 2018, 11:51:36 AM I do believe that regulations would bring more benefits especially to the btc as when a country regulates it, thats mean that they do officially accept btc and make it legal. The prices would be more healthier and dumps or pumps would be decreased.
Title: Re: Regulation of Bitcoin Post by: universal3ee on August 01, 2018, 11:52:22 AM There will be 2 scenario, the first one will be the people that like bitcoin will like bitcoin more as it is less scam and drama happening in the crypto space, the second will be it will affect many investors or bitcoin users in leaving bitcoin due to the rules that will affect them in their countries and make bitcoin difficult to be trade in their country.
Title: Re: Regulation of Bitcoin Post by: melted349 on August 01, 2018, 12:05:29 PM When we start to hear the word "regulation" we cringe, we try to look the other way and say we don't like Bitcoin to be regulated because it beats the purpose of transacting in full anonymity, however, when we hear of someone getting scammed, we want full investigation and wants the authorities to step in to put the culprit behind bars. So what direction do we really want Bitcoin to go? Lol yeah is awry, the user wants bitcoin to remain anonymous but they also want the existing regulation so bitcoin usage can be easier, but they we know that the government would want a condition like verification. yeah it's hard to do because every party wants a condition..Title: Re: Regulation of Bitcoin Post by: tintinbongs on August 01, 2018, 12:11:00 PM As demand for cryptocurrency grows, global regulators are divided on how to keep up. Most digital currencies are not backed by any central government, meaning each country has different standards. In policy on exchanges it is legal, depending on the state or country so it is always depend on each country.
Title: Re: Regulation of Bitcoin Post by: blackbold on August 01, 2018, 12:11:15 PM I think government regulation can also affect the price of cryptocurrency through investors, if the government bans and attracts high taxes on cryptocurrency, investors will surely consider to survive or get out on crypto investment
Title: Re: Regulation of Bitcoin Post by: svetochka.yakovleva.93 on August 01, 2018, 12:23:27 PM now every state puzzles how it is possible to settle the crypto currency, we all understand that this is very difficult, but as each state will understand this, we will see a very interesting trend
Title: Re: Regulation of Bitcoin Post by: Maruf Nazir on August 01, 2018, 12:33:16 PM I do believe that regulations would bring more benefits especially to the btc as when a country regulates it. I think government regulation can also affect the price of cryptocurrency through investors, depending on the state or country so it is always depend on each country.
Title: Re: Regulation of Bitcoin Post by: olyolali on August 01, 2018, 12:38:24 PM Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them. It is true. until whenever crypto will never have rules. it's just their way to earn money on the grounds of taxes. whereas the tax is only for themselves.This is an agenda of socialist states. That's all. Our cryptomoney is OURS only. Don't let the government get them. Title: Re: Regulation of Bitcoin Post by: angelakrasnova on August 01, 2018, 01:10:03 PM it is very difficult to settle bitcoins and crypto currency, as we all understand that this is a decentralized system, but I think that, due to external factors, each state will come up with a way to work with it.
Title: Re: Regulation of Bitcoin Post by: heppot on August 01, 2018, 01:25:42 PM Although there are no clear rules yet, some local regulators forbid this trade because of unreasonable value spikes. For example, securities regulators in Texas and North Carolina issue orders to stop transactions in bitconnet and the Commodity Futures Trading Commission closes My Big Coin, which has raised $ 6 million.
Title: Re: Regulation of Bitcoin Post by: oni4an on August 01, 2018, 01:36:09 PM Whichever is the regulation. If a representative of many countries will meet at the summit and adopt the same rules for the regulation of Bitcoin for all, in this case, I think there won't be any problems. But if every bank, every country will start to put its own conditions, then it will be a fiasco.
Title: Re: Regulation of Bitcoin Post by: massimo123 on August 02, 2018, 11:07:49 PM This will allow many people not afraid to invest in electronic money. Blockchain technology will perform properly afterwards. But there are some rules that can be set to prevent illegal tasks with bitcoin. Title: Re: Regulation of Bitcoin Post by: adjudicator on August 02, 2018, 11:13:33 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? Just like what happen to China, the government banned the cryptocurrency to their countries. Yes, they regulate the bitcoin nad other cryptos, before when they do that the price of bitcoin goes down but in the end we can say that bitcoin is successful today.Title: Re: Regulation of Bitcoin Post by: gidaahmad on August 02, 2018, 11:43:11 PM There are two possibilities in the price issue after the regulation. If the government gives a ban, then the demand will automatically go down and the price will go down. The second possibility is that if the government gives permits or legalizes cryptocurrency, the demand for crypto in that country will increase slowly and prices will rise...
Title: Re: Regulation of Bitcoin Post by: Harrow30 on August 02, 2018, 11:50:42 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? The regulations have been carried out and I believe it is still actively in place now. It has helped to bring in more investors in the cryptocurrency market and as somewhat helped in the bitcoin price stabilization. Title: Re: Regulation of Bitcoin Post by: mr_enoc on August 02, 2018, 11:58:31 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? For me, it is needed since not all ico are true and not all team are working hard to develop a new coin but instead working hard to invite a new investors and declare the project as scam and will bring all the money alone. Title: Re: Regulation of Bitcoin Post by: Harrisonimo on August 02, 2018, 11:59:41 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? The government still has the power as at today and are in authority to do as they please while the time still permits. They have frustrated the efforts if the bitcoin/cryptocurrency but I do believe with their regulations, the bitcoin will still fly to become the world currency. Title: Re: Regulation of Bitcoin Post by: MNtrio on August 16, 2018, 12:56:24 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? I think if cryptocurrency will be given a regulation by the government for sure they will take that as an advantage for them to get a lot of money.Title: Re: Regulation of Bitcoin Post by: vin22 on September 09, 2018, 01:54:25 PM Governments from different country are concern on the crypto world base on how they have seen that blockchain is making many people 👨👨👦 millionaire and billionaire with its help and they are afraid that there citizens might loss there assets if it vanish one day.
And the second reason why they want to regulate it is that, people trading with crypto can start paying task base on there daily or monthly income in it. Title: Re: Regulation of Bitcoin Post by: vhroen on September 09, 2018, 03:58:01 PM One of the reasons why some governments banned Bitcoin or cryptocurrency is that there is no clear or exact law or provision in their constitutions stated therein that governs cryptocurrency, apparently, no government has seen this crypto becoming mainstream and when it did, the only solution they are considering is to have some regulations specifically exchanges and other programs like multi-level marketing that might involve Bitcoin. So I think regulation is not bad at all for it will further create confidence among the investors and users, also its legality cannot be questioned.
Title: Re: Regulation of Bitcoin Post by: Utitinonire on September 11, 2018, 09:48:32 AM You will see companies that have existed long ago announcing ICO. They just mop up free cash and won't list on better exchange and still dump on investors I pity those falling for their gimmicks. Besides ICO is contributing to the less growth of crypto market cap money needs to be invested in already existing coins not chasing a new project without prototype and bunch of whitepaper written by school boys.
Title: Re: Regulation of Bitcoin Post by: lamcouz on September 11, 2018, 09:52:27 AM the regulation of digital currency is needed because it prevents abuse of the currency itself and gives assurance to all digital currency users if the currency can be used to transact and be acknowledged by the government so there will be trust and safety to use the money without fear if the currency is not taken as a payment method.
Title: Re: Regulation of Bitcoin Post by: Janeetaa on September 11, 2018, 10:30:58 AM I think the government cannot regulate and control bitcoin for any cryptocurrency, because crytocurrency does not have any restrictions. What can control and regulate crytocurrency including bitcoin is that we are all and all of its users.
Title: Re: Regulation of Bitcoin Post by: cryptocurrencyguru on September 11, 2018, 10:56:41 AM regulation of bitcoin is nt possible only governments can form guidelines for bitcoin and other cryptocurrencies but can't regulate in a complete manner this is not possible for many government why because cryptocurrencies are decentralised
Title: Re: Regulation of Bitcoin Post by: ngano ba on September 11, 2018, 11:21:33 AM I think this regulation of bitcoin can be done or happenning if in case the bitcoin or crypto currency will be legit by certain country and state, because only government can only implement regulation for this kind of business in such certain place.
Title: Re: Regulation of Bitcoin Post by: ganlianshifu1 on September 11, 2018, 11:28:32 AM If the government is fully supervised, it is a good thing for the current blockchain market.
If the government opposes the blockchain technology and then suppresses it, it will make the cryptocurrency difficult. The biggest possibility for the government is to gradually regulate the market. Title: Re: Regulation of Bitcoin Post by: twa on September 11, 2018, 12:19:26 PM Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ? if indeed regulation and supervision of cryptocurrencies can make future investors feel comfortable and comfortable in investing with crypto currencies, of course there will be no problemsTitle: Re: Regulation of Bitcoin Post by: Dswaggers on September 11, 2018, 12:50:20 PM I mean if bitcoin in each country has their own regulation it would be a lot of changes can happens, even the price also would change. And I think the government will get so much profit by the taxes also, because if they wanna make a regulation it must be with taxes. Well bitcoin all together, like in Algeria and Bolivia; its use may be restricted to certain kinds of entities, like financial institutions in China; or it might be totally legal and implemented into the taxation system, like in Israel. Most regulations concerning Bitcoin are not established directly to control Bitcoin itself, but to manage all cryptocurrencies, Bitcoin being one of them. A lot of central financial authorities do not recognize Bitcoin as a currency and regulate it, rather, as an asset, stating that they would not regulate its use, but will warn its citizens of the high risks that come with its usage. |